468 Broome Street
SoHo, Manhattan
Parcel ID (BBL): 1004850040
Owner: Albert Malekan
Debt: November 17, 2021, $23.1 million
Built: 1860
Renovated: 1989
SF: 23,823
Dwelling units: 0
No. of buildings: 1
Class: Office with Comm — 1 to 6 stories (O5)
Floors: 5
Transactions:
• Albert Malekan borrowed $23.1 million from Citibank for 468 Broome Street, SoHo, Manhattan on November 17, 2021.
• Albert Malekan borrowed $22.9 million from SKW Funding for 468 Broome Street, Soho, Manhattan on March 19, 2021.
• SKW Funding on February 10, 2021 bought a loan with an original principal of $25 million from BankUnited, signed by Juan Bustabad, secured by 468 Broome Street, Soho, Manhattan, when owned by Albert Malekan.
Development:
• Albert Malekan filed plans for alteration in SoHo, Manhattan, on March 07, 2025.
• Shahram Golpanian filed plans for alteration in SoHo, Manhattan, on June 27, 2022.
• Alberto Makali filed plans for alteration in SoHo, Manhattan, on June 21, 2022.
• Shahram Golpanian filed plans for alteration in SoHo, Manhattan, on June 21, 2022.
• Shahram Golpanian filed plans for alteration in SoHo, Manhattan, on June 16, 2022.
Litigation:
• Michael Malekan filed a $13 million lawsuit 652507/2023 against Albert Malekan on May 24, 2023,seeking a money judgment related to partnershipat 468 Broome Street.
Violations:
According to city public data, the properties have received $50 in OATH penalties in the last year.